Dublin, Nov. 13, 2020 (GLOBE NEWSWIRE) -- The "Global Corn Market Forecast By Production (United States, China, Brazil, European Union, Argentina and Rest of the World), Consumption, Export, Import & Company Analysis" report has been added to ResearchAndMarkets.com's offering.
Globally corn industry is growing with a healthy growth rate, and it is expected to reach US$ 199 Billion by the end of the year 2026
United States, Brazil, Argentina and China are the major corn producing countries. The United States accounts for the lion's share globally in terms of corn production and Export. Other than the USA, Ukraine, Argentina, Brazil and Russia are few other countries who are also significant exporters of corn worldwide.
In terms of imports Japan, European Union, Mexico, Egypt, South Korea, Iran, Columbia, Vietnam, Taiwan, Algeria rely heavily on imports of corn. In these countries, the corn is mostly used for end-use sectors like the animal feed and corn starch markets.
United States, China, Brazil, Russia, and the European Union regions have the highest consumption of corn globally. The growing market for corn in the United States is due to the ever-increasing feed sector and the industrial sector. Strong meat exports is projected to stimulate animal production and to increase corn use in Brazil.
Since the outbreak of African swine flu a few years ago, the Republic of China's rebuilding of the hog sector has been faster than the prior projection which has been fueling feed demand in this region. In Russia, production of corn is mostly used in the domestic market; primarily large supplies are from the Central District.
Covid-19 Impact on Corn Industry
In the global corn market, Covid-19 has not impacted much on this industry. There has been a marginally surge in export, import as well as in production during this period.
Factors Driving the Corn Industry Worldwide:
Increasing Demand for Corn-Based Ethanol Production
Rising Incidence of Pests
Potential of Maize in improving farmers' income
Climate Change Impacts on Corn
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
5. Global Corn Market
6. Global Corn Production (Volume) by Countries
6.1 United States
6.4 European Union
6.6 Rest of the World
7. Global Corn Consumption (Market & Volume) by Countries
7.1 United States
7.4 European Union
7.6 Rest of the World
8. Global Corn Export (Volume) by Countries
8.1 United States
8.6 Rest of the World
9. Global Corn Import (Volume) by Countries
9.3 European Union
9.4 South Korea
9.11 Rest of the World
10. Company Analysis
10.1.2 Recent Development & Strategy
10.2 Ingredion Incorporated
10.3 Archer Daniels Midland
10.4 Tate & Lyle
For more information about this report visit https://www.researchandmarkets.com/r/sklypx
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